Here's Why Momentum in Idaho Strategic Resources (IDR) Should Keep going

Core Viewpoint - The sustainability of a trend is crucial for successful short-term investing, and confirming fundamental factors is essential to maintain momentum in stocks [1][2]. Group 1: Stock Performance - Idaho Strategic Resources, Inc. (IDR) has shown a solid price increase of 50.7% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also increased by 16.1% in the last four weeks, suggesting that the upward trend is still intact [5]. - IDR is currently trading at 95.6% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - IDR holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks with strong fundamentals that can maintain their upward trends [3]. - There are several other stocks that also pass through this screening process, providing additional investment opportunities [8].